At the KASE the U.S. dollar rate keeps falling under a relative parity of the demand and supply

19.12.00 00:00
/IRBIS, Dec.19, 00/ - Today the next morning trades in U.S. dollars, Deutsche marks and euros were held at Kazakhstan stock exchange (KASE) on TOD payment terms. 18 banks participated in the trades. Today the trades in U.S. dollars opened at KZT144.60 per unit. Total of 95 deals were made. Weighted average dollar exchange rate equaled to KZT144.65 (-0.10) per unit. Volume of the session - $5.035 mln (-$3.365 mln). Exchange rate fluctuation during the trade - 0.04%. The trades were closed at KZT144.66/69 per dollar. Today the supplies of the U.S. dollars by the banks of the second tier decreased slightly, though they remained great. High liquidity allows the traders to create the demand on a level sufficient to neutralize existing supplies. Thanks to this circumstance the market seemed to be balanced today. Big sales of some of the traders could not make a noticeable influence on the exchange rate of the American currency, whose fluctuations did not exceed three points during the active part of the trades. One hour after closing of the morning session on interbank over-the-counter market of Kazakhstan dollar was quoted at KZT144.66/69 per unit. Two hours later - KZT144.63/71. At the day session of KASE on TOD payment terms at 12:30PM the dollar quoted at KZT144.67/72 per unit. No deals have been made yet. Deutsche mark, morning session, TOD: no deals. Closing bids - KZT66.20/67.00 for a mark. Euro, morning session, TOD: no deals. Closing bids were absent.